Digital Banking

Digital banking is part of the broader context for the move to online banking, where banking services are delivered over the internet. The shift from traditional to digital banking has been gradual and remains ongoing, and is constituted by differing degrees of banking service digitization.

Source: en.wikipedia.org

TrueLayer Joins ‘Unicorn Club’ as Fresh Funding Chases Open Banking Opps in Europe

TrueLayer Joins ‘Unicorn Club’ as Fresh Funding Chases Open Banking Opps in Europe
TrueLayer Joins ‘Unicorn Club’ as Fresh Funding Chases Open Banking Opps in Europe
September 22, 2021  |  Investments

Global open banking platform TrueLayer joined the unicorn club this week, as its new $1 billion valuation points to both the opportunity and enthusiasm surrounding...

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UK Bank Lobby Group: Fraud Threatens National Security  
UK Bank Lobby Group: Fraud Threatens National Security  
September 22, 2021  |  Fraud Attack

Increasing incidents of fraud against online shoppers and digital banking newcomers across Britain since the start of the COVID-19 pandemic is “a national security threat”...

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Pakistan’s TAG Raises $12M in Seed Funding Round 
Pakistan’s TAG Raises $12M in Seed Funding Round 
September 22, 2021  |  Investments

Seeking to leverage the growing popularity of digital payments triggered by the pandemic, Pakistani FinTech startup TAG has raised $12 million and reached a valuation...

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Canada’s VersaBank Unveils Pricing for $55M IPO
Canada’s VersaBank Unveils Pricing for $55M IPO
September 22, 2021  |  IPO

VersaBank, the first digital-only bank in Canada, has announced the pricing for its previously announced initial public offering (IPO) of its common shares. Get the...

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JPMorgan Moves Across the Pond Into a Crowded Digital Banking Field 
JPMorgan Moves Across the Pond Into a Crowded Digital Banking Field 
September 22, 2021  |  Banking

Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

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U.K. Digital Bank Monzo Enables Card Payments from Earmarked Savings
U.K. Digital Bank Monzo Enables Card Payments from Earmarked Savings
September 21, 2021  |  Digital-First Banking

London-based FinTech company Monzo, in an effort to simplify the bill-paying and household budgeting process, has made it possible for account holders to make card...

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Banking Bosses Opposed to Basel Crypto Mandates
Banking Bosses Opposed to Basel Crypto Mandates
September 21, 2021  |  Cryptocurrency

Banking bosses from the largest financial institutions in the U.S. and Europe have voiced their opposition to the cryptocurrency mandates handed down by the Basel...

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Revolut Offering Commission-Free U.S. Stock Trades 
Revolut Offering Commission-Free U.S. Stock Trades 
September 21, 2021  |  Digital-First Banking

U.K.-based financial super app Revolut will be debuting commission-free stock trading for U.S. customers soon, according to a CNBC report Tuesday (Sept. 21), after it...

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Digital Banking Company Q2 Joins Forces With Plaid to Bolster Banking Capabilities
Digital Banking Company Q2 Joins Forces With Plaid to Bolster Banking Capabilities
September 21, 2021  |  Digital Banking

Q2 Holdings Inc., a cloud-based provider of digital banking solutions, is collaborating with financial services company Plaid to improve the digital banking experience at small...

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